How Do Creditor-in-Control and Debtor-in-Possession Models Balance Recovery and Creditor Rights Under IBC, 2016
The role of Corporate Insolvency Law is to ensure swift recovery of distressed companies and safeguard the rights of creditors. For economies worldwide, striking this delicate balance is paramount for fostering business continuity, maintaining economic stability, and encouraging investor confidence. IBC 2016 represents a significant paradigm shift in this global discourse, moving from a debtor-in-possession (DiP) model to a creditor-in-control […]
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